Delist
From ACT Wiki
To remove an issue of securities from trading on a recognised stock exchange.
- Warning flags
- "[by Q3 2022] 28 listed companies have now issued their third consecutive profit warning in the past year, compared with 18 at the end of Q2.
- On average, one-in-five companies delist within a year of their third warning, most due to insolvency."
- The Treasurer - Issue 4 2022 - December 2022, p21.